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Villa Nueva Apartments – Class C Multifamily Investment in Houston, TX

November 26, 20241 min read
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Property Overview:

📍 Address: 5600 North Fwy, Houston, TX 77076
🏢 Unit Count: 541 Units
🏠 Property Class: C
🌐 Land Size: 207,346 sqft (Approx. 4.76 acres)
🏗️ Building Size: 139,709 sqft
💸 Sell Price: $44,362,000 +TC+Fee


📊 Financial Highlights:

MetricAmountGross Income$5,518,565Net Operating Income (NOI)$3,342,809Cap Rate7.54%


💰 Deal Highlights:

💡 Value-Add Opportunity:

  • Class C Property: Opportunities to upgrade units and amenities for increased rent potential.

📈 Stable Cash Flow:

  • Gross Income: $5.52M annually

  • NOI: $3.34M provides strong profitability

💡 Seller Financing Available:

  • 30% Minimum Down Payment: Flexible terms with the seller retaining the 1st lien position.

  • Ideal for investors looking to leverage creative financing solutions.

🌟 Prime Location:

  • Located in Houston, TX, a strong rental market with demand for affordable housing.

  • Proximity to major highways, retail, and employment centers ensures tenant demand.

  • ARV Summary:

    • Current Valuation (As-Is): $44,362,000

    • After Repair Value (ARV): $50,798,550

    • Potential Value Increase: ~$6,436,550

    This assumes modest rent increases and operational efficiencies. If you expect larger rent increases or additional value-add strategies, the ARV could climb higher.


 Return Analysis:

  • Cap Rate: 7.54%

  • Down Payment (30%): $13,308,600

  • Annual NOI (Net Operating Income): $3,342,809

  • Cash-on-Cash Return: 25.12%


🚀 Opportunities for Growth:

Unit Upgrades: Add modern finishes to increase rental income and tenant retention.
Operational Efficiencies: Reduce expenses through streamlined property management.
Market Rent Adjustments: Houston’s strong rental market supports potential rent increases.


Contact Information:

📞 Contact JNA Dynamic Holdings LLC at 469-949-3363 for additional details or to submit your proof of funds.
📧 Email: [email protected]

💡 Investor Note: With seller financing available and a strong NOI, this Class C multifamily investment offers exceptional value and upside potential. Don’t miss this rare opportunity in Houston, TX! 🔑✨

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